Yay! Convert your crypto into vouchers at Checkers, Pick n Pay, and Steers!
Crypto is slowly becoming easy to use in everyday life!
For all our people who are into cryptocurrency, you will be delighted to know that you can now buy digital vouchers which you can spend online at thousands of stores.
It is amazing how technology has positively affected the evolution of transactions.
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In South Africa, if you use the digital money and transactional services platform 6Dot50, you can use six cryptocurrencies to shop at major retailers in South Africa, including Checkers, Steers, Wimpy, and Game.
Four months ago, 6Dot50 introduced its new product, allowing crypto holders to buy digital vouchers to spend their online tokens at over 80,000 stores across the country without having a bank account.
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Their network of retailers include Dis-Chem, Pick n Pay, Shoprite, Famous Brands-owned restaurants like Fishaways, Debonairs, and Mugg & Bean. On the list is also Incredible Connection, Hi-Fi Corporation, Fly Safair, Loot, One Day Only, and Cape Union Mart and its sister stores.
Its crypto holders can also purchase from any Zapper-enabled retailer.
Users can do cash refunds through the company's deal with Pick n Pay, if they wish to spend their vouchers at a store that doesn't fall under 6Dot50's network of merchants.
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The platform currently has six cryptocurrencies available: bitcoin, ethereum, bitcoin cash, litecoin, dash, and ripple.
So how does it work?
You select a cryptocurrency, you then receive a quote stipulating how much a voucher will cost in crypto.
Once you push confirm, they give you 15 minutes to conclude that transaction by transferring your crypto from your crypto wallet to an address that you provide; and within 15 minutes, that rate is guaranteed.
"As soon as you convert to digital rands in your account, you can immediately go and spend those digital rands anywhere. It takes about as little as two minutes but up to as much as 20 minutes for your crypto to reflect in your account, and then it's instantly available," Founder and CEO Warren Venter shared.
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Yes, you can thank us later!
Happy trading today...
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